InsurTech Futures: Instanda unveils new MGA start-up facility

Cloud computing

Business says it can help an MGA to set up in about 10 weeks, guiding the process from initial contact to when the firm starts to underwrite.

Cloud-based digital insurance platform, Instanda has revealed an MGA start-up facility, IMGA.

The firm stated that the platform offers all of the necessary technical tools to manage and run a new MGA, taking around 10 weeks from initial contact to commencing underwriting.

It also indicated that its new offering should enable and manage a variety of services, including product distribution, submission and policy management, renewals and FNOL processing.

In addition, the facility offers end to

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